Guangzhou Automobile Group Co., Ltd., more commonly known as GAC Group, is a powerhouse in the global automotive industry. Listed on both the Hong Kong and Shanghai stock exchanges with ticker symbols 601238.SH and 02238.HK respectively, GAC Group is headquartered in the bustling city of Guangzhou. As a major joint-stock automobile enterprise, it employs approximately 100,000 people worldwide and proudly stands as a Fortune Global 500 company, ranked No. 181.
A Diverse and Dynamic Enterprise
GAC Group’s business encompasses a broad spectrum of activities within the automotive sector, structured across seven major divisions:
- Research and Development (R&D): At the heart of GAC Group’s innovation efforts, the R&D division is dedicated to advancing automotive technology. This sector works tirelessly to push the boundaries of what’s possible in automotive design and functionality, ensuring that GAC remains at the cutting edge of the industry.
- Vehicle Manufacturing: GAC Group is renowned for its extensive range of vehicles, including passenger cars, commercial vehicles, and new energy vehicles. The company’s manufacturing processes are defined by efficiency, quality, and sustainability.
- Parts Manufacturing: Supporting its robust vehicle production, GAC also produces a wide array of automotive parts. This not only enables control over the quality and supply of components but also positions GAC as a comprehensive supplier in the automotive market.
- Energy and Ecology: Committed to environmental stewardship, GAC invests in energy solutions that promote ecological sustainability. This includes the development of electric vehicles (EVs) and other environmentally friendly technologies that minimize pollution and reduce the carbon footprint.
- Internationalization: With a vision to be a global leader, GAC is rapidly expanding its presence worldwide. This division focuses on adapting GAC’s operations and offerings to fit international markets, enhancing global brand recognition and consumer trust.
- Commerce and Transportation: Beyond manufacturing, GAC is involved in the broader aspects of automotive commerce and transportation solutions, offering innovative services that improve customer satisfaction and operational efficiency.
- Investment and Finance: GAC Group actively engages in strategic investments and financial activities to support its core operations and expand its business horizon. This sector ensures the financial health and growth potential of the company.
Core Values and Vision
GAC Motor operates under the enterprise concept of “Humanity, Credibility, Creativity.” These core values reflect the company’s commitment to building a world-class company that wins customers’ trust, ensures staff well-being, and meets social expectations. By sticking to independent innovation while also embracing joint venture cooperation, GAC is transforming itself into a technology-based enterprise.
Commitment to the Future
As GAC Group continues to innovate and expand, it remains dedicated to its role as a leader in the automotive industry. The company is not just focused on growth and profit but is deeply committed to contributing positively to society and the environment. Through continuous improvement and strategic development, GAC Group aims to provide high-quality vehicles and services that meet the needs of consumers around the world, while also enhancing the global community’s well-being.
Conclusion
In conclusion, GAC Group’s comprehensive approach to business, dedication to innovation, and commitment to sustainability make it a standout entity in the automotive world, poised to lead the charge towards a more dynamic and sustainable future in mobility.
